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Tri-county stocks bounce back as market soars

By   /  Tuesday, March 24th, 2020  /  Latest news, Tri-County Economy, Tri-County Public Companies  /  No Comments

The Dow Jones Industrial Average surged at historic rates March 24, as pressure came down from President Donald Trump on Congress to pass a fiscal stimulus bill and regulators to reopen businesses by Easter.  Tri-county public companies rebounded 9.4 percent from the past week’s declines, including a 68 percent jump for Goleta breast implant supplier Read More →

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Tri-county stocks mixed as stimulus package stalls

By   /  Monday, March 23rd, 2020  /  Biotech, Earnings, Health Care, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  No Comments

A 3 percent drop in U.S. equities markets hit smaller stocks in the Tri-Counties on March 23, as a stimulus package to combat the economic fallout of the coronavirus failed for a second time to gain legislative approval.  The region’s companies had mixed results, with gains for eight out of the 10 largest firms. Goleta Read More →

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CLU economists predict downturn worse than Great Recession

By   /  Monday, March 23rd, 2020  /  East Ventura County, Education, Latest news, Tri-County Economy  /  No Comments

California Lutheran University’s economic forecast group is warning that policymakers have limited options to head off a downturn that could be worse than the Great Recession. In an update to recent forecasts, the Center for Economic Research & Forecasting warns that massive stimulus efforts may not help speed a recovery if “countless numbers of small Read More →

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Flying Embers drinking in success of hard kombucha drinks

By   /  Friday, March 20th, 2020  /  left, Small Business, West Ventura County  /  No Comments

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Thousand Oaks buildings being redeveloped for biotech labs

By   /  Friday, March 20th, 2020  /  Biotech, East Ventura County, Real Estate, right, Technology  /  No Comments

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SB County response effort to provide $1 million in assistance

By   /  Friday, March 20th, 2020  /  Health Care, Latest news, Nonprofits, South Coast  /  No Comments

The COVID-19 Joint Response Effort for Santa Barbara County announced March 19 that it will provide more than $1 million in assistance to individuals and families as well as organizations actively assisting members of the community affected by the COVID-19 pandemic. The Santa Barbara Foundation, United Way of Santa Barbara County and the Hutton Parker Read More →

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Tri-county stocks end week with mixed results

By   /  Friday, March 20th, 2020  /  Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  No Comments

Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak.  Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →

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